COMEDIAN/ACTOR TRACY MORGAN'S FIRST LOOK COMING OUT OF THE HOSPITAL SINCE THE ACCIDENT!!!

Tracy Morgan may be in a wheelchair ... but he's still rocking his signature fashion style -- while recovering from the terrible injuries he suffered last month in the NJ Turnpike crash.

See More pics below....

Morgan was spotted out in New Jersey Saturday ... sporting a gold chain, a funky hat, some fresh Asics -- and a bandage on one of the legs he injured.

As we previously reported ... Tracy broke his femur in the accident but plans to continue rehabbing his injury at home with an aggressive outpatient program.